Largest U.S. banks by market cap top their profit targets, but JPM CEO Jamie Dimon warns of uncertain economic times ahead.
The Wall Street Journal: Judge denies request from Elon Musk to relocate trial over Tesla tweets
A federal judge denied Elon Musk‘s request to relocate a coming securities-fraud trial involving comments he made as boss of Tesla Inc.
Washington Watch: Yellen says U.S. will hit debt ceiling Thursday. Analysts warn of ‘significant market pain’ while Congress deals with limit.
Treasury Secretary Janet Yellen warned lawmakers that the U.S. is expected to hit its ceiling for borrowing next week.
: Tesla’s U.S. price cuts mean more models are eligible for federal EV tax credit
Tesla cut prices on its most popular electric cars by as much as 20%. For U.S. buyers, that means more models qualify for tax incentives that kicked in Jan. 1
The Tell: Why the Fed is still seeing $2.2 trillion in daily demand for its overnight repo facility
The U.S. government needs to strike a debt-limit deal before surging demand for the Federal Reserve’s overnight reverse repo facility will ease, according to BofA Global’s Mark Cabana.
: The stock market will be watching these earnings numbers. Here’s why it matters to your portfolio.
Also: competition in the EV space, meme stocks, inflation, retirement planning and crypto coverage.
MarketWatch First Take: Nelson’s Peltz’s hedge fund Trian won’t make bid for Wendy’s, backs new capital allocation strategy
Trian Fund Management is Wendy’s largest shareholder
The Escape Home: 10 travel hacks to overcome airline chaos
Just when it looked like travel nightmares were so 2022, the Federal Aviation Administration shut down air traffic for several hours this week.
: Here’s what Delta Air earnings say about the rest of the industry
Delta Air Lines Inc.’s quarterly earnings beat fuels hope that other major U.S. air carriers will surprise Wall Street with better-than-expected profit snapshot
Retirement Weekly: Most people can’t answer this one life-and-death question
How can you plan for retirement when you don’t have any idea how long it may last?